When a broker wants to store documents electronically, the storage method may not allow the final documents to be altered. What method of electronic document storage is required by the Department of Real Estate (DRE)?
a. Disc Operating System (DOS).
b. Save Now, Always and Keep Electronic (SNAKE).
c. Write Once Read Many (WORM).
d. Random Access Memory (RAM).
Answer: c. Write Once Read Many (WORM).
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Tritan Company is preparing its statement of cash flows using the indirect method
Refer to the following portion of the comparative balance sheet: Tritan Company Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/(Decrease) Accounts Payable $7,000 $5,000 $2,000 Accrued Liabilities 3,500 1,100 2,400 Long-term Notes Payable 56,000 67,000 $(11,000 ) Total Liabilities $66,500 $73,100 $(6,600 ) Additional information provided by the company includes the following: 1. During 2016, the company repaid $35,000 of long-term notes payable. 2. During 2016, the company borrowed $24,000 on a new note payable. Based on the above information only, what amount of net cash flow would be shown in the financing section of the statement of cash flows? A) $(11,000 ) B) $11,000 C) $59,000 D) $(59,000 )
) Before beginning to work, a team must ?rst have
A) a commitment to excellence B) outside recognition C) clear goals D) a collaborative climate